by FWN Accounting | May 11, 2023 | News
Many of our clients look for ways to supplement their income. Is it a hobby or a business? Sometimes it’s unclear whether you are a hobbyist….or a business owner. This post from the IRS will help to explain the IRS businesses vs hobby rules. From the IRS:...
by FWN Accounting | May 1, 2023 | News
Our clients get very nervous when they receive letters from the IRS. It’s best not to panic, this post shares information from the IRS as to what you should do, if you receive official correspondence. From the IRS: When an IRS letter arrives, taxpayers don’t...
